Why Whitehurst is stepping away from IBM
Summary
But, in the end, VMware went inside and promoted Raghu Raghuram, its COO of products and cloud services, to the CEO slot. Hes shown himself to be successful in three very different venues facing very different situations: Delta, a major airline recovering from near financial ruin; Red Hat, an innovative, growing open-source company; and IBM, the most old school of all technology businesses. I will note -- and keep in mind this is just speculation -- that Whitehurst is also a special advisor to the private equity firm Silver Lake. And, the rumor mill has it that Michael Dell, its founder and CEO, may be shifting his focus away from Dell and to his recent purchase of a minority share in the NBA San Antonio Spurs and his new special purpose acquisition company (SPAC), MSD Acquisition. • IBM to spin off its managed infrastructure unit to focus on Red Hat, hybrid cloud; sees Q3 sales ahead of estimates